Asia's economic resurgence has relied on networks of close ties between politicians and businesses. Yet this connections world now impedes critical innovation and job creation, whilst spawning huge inequality and risking political instability. A break with the connections world is needed if Asia's claims to the 21st century are not to be derailed.
This new edition builds a comprehensive picture of the microeconomic tools required to solve a wide range of problems by using an innovative combination of written, illustrative and mathematical analysis. It helps the reader to think like an economist - in particular demonstrating how individuals, firms and policy-makers decide their best course of action.
Seminal papers by leading economists in areas of microeconomics and macroeconomics